Crude import from Saudi Arabia falls to multi-year low
NEW DELHI: India’s crude from Saudi Arabia crude slipped to a multi-year low of 480 kbd (thousand barrel per day) in July 2023, according to energy intelligence firm Vortexa monthly data.
India imported 4.6 mbd crude in July 2023. Meanwhile, India’s crude import from Russia posted a record high of 1.9 mbd (million barrels per day) in July 2023, nearly double from its traditional buyers combined from the middle-east. Supplies from others include 891 Kbd from Iraq, 484 Kbd from Saudi Arabia, 290 kdb from UAE, 219 kdb from USA and 298 Kbd from Africa.
